The act of placing ones nut sack in the open mouth of another individual. This action is then followed by the repeated removal and re-insertion of the sac into said individual's mouth. Thus, mimicing the act of placing a tea-bag in a cup of water.
TEABAGGING IS THE PROCESS OF ONES TESTICALS PROUDLY HANGING 2CM FROM your girlfriends mouth. Whilst dipping your love spuds in her mout ask if she would like the teabag left in. I can tell you now Steve erwin does not recomend teabagging with an old croc